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a revolution has led to the transfer of power. >> i expect improvements and laws so that children will be happy. i don't know how he will behave and what he will do for the people, but i see the people are hopeful. >> we expect things to get better. expect new things. the whole population is in a good mood. people meet each other and kiss each other. >> he swept to power in 2004 but faces accusations of but the rates vary and rule. his party will no longer control parliament. >> it is clear that george and dreamliner it has secured a majority. this means they will form the next government and i come as the president, with the framework of the constitution will assist the process. >> the georgian dream alliance is led by billionaire tycoon, bidzina ivanishvili. he campaigned on a pro-moscow ticket but wants to move closer to the european union as well. he says his coalition deserves to win. >> we made the best choices and collected the best coalition. the result is no coincidence. >> a new law that takes effect next year will transfer some powers from the president to the prime minister. >> let'
people and some of the authorities thought they could interpret the law to suit their own purposes. that is why the officials signed the documents. it was not until a few years later that they were audited to see if they had violated their own laws. >> with the director is not mentioning is corruption. officials back then issued permits to relatives and friends and just helped themselves. a former mayor approved these houses and had his own construction company build them. officially, the job was noted down as renovating old fisherman's hut that once stood here. >> i do not envy the homeowners. they are innocent and bought the properties in good faith as the third or fourh owners. now they have got to cope with the ruling of the cour their houses will be torn down. >> the enterprising mayor has long since died and cannot be brought to justice. the other corrupt officials are no longer in office. when a legal structure has already been torn down -- a wealthy latvian build a grand new summer residence for himself on an existing foundation right next door to the former summer home of
or fast and furious, but they found more stuff that he's done under the law to maximize profits and minimize taxes. they got him ted dead to rights again. i don't know if any american cares. do you remember how the kennedys made their money? >> i think there was some boot legging. >> might have been a little boot legging. john kerry married and then left his yacht in providence or something, didn't he. and then john edwards flipping his magnetic business card at all the ambulances going by made $80 million. it's weird, isn't it? >> he was a good lawyer. >> and a hell of a human being, too, johnny. we have ten seconds. >> i don't think additional incremental disclosures about offshore investments will make a big deal. >> all right, my friend, thank you. >>> when we come back, we'll get to kevin ferry from the cme, we'll find out what's most likely to drive action on the second day of the quarter. smart comes with 8 airbags, 3 a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. monarch of
in a nutshell was allowing the banks to abuse certain laws in order to put in the books some interesting income actually as dividends. so they were paying less taxes. this is again manipulating somehow the laws. now the bank unicredit has actually plea bargained and has paid 265 million euros. the fraud was for 245 million is what these defendants are being accused of. and the bank did it not because they admit to wrongdoing, but because they did say that was just going to be a very long and drawn out case that they didn't want to have to deal with. on so now these defendants, 19 plus profumo. he says there was no wrongdoing and he's waiting with confidence that the justice system takes its course. note just in a few days, he is expected to take on more responsibilities at his new job which is chairman at italy's oldest and most troubled bank. he will expand his duties so he's being closely watched right now. back to you. >> all right. that's the late he is out of the trial in milan. we'll take a short break. still to come, american golfers feeling a little blue after the european stage an amaz
had been demonstrating against eu laws. he stood on one of the window lenls for more than 24 hours. he was complaining against an eu directive which would reform rules to licenses. operators have said the new rules threaten the jobs of some 600,000 resort workers. still to come, we talk shopping ahead of september retail sales data with a guest who says thrift may be the new bling. >>> european markets are trading town. we did see the green at the start of the show, but no longer the ftse down. same for the dax and cac. ibex held unreasonably well but also trading lower now. in the state, futures indicating a positive start to trade. just a few points higher for the s&p and nasdaq, the dow could open up by 30 points or so when trade gets under way there. on the agenda today in the u.s., weekly jobless claims out at 8:30 eastern, forecast to rise by 10,000. 10:00 a.m. brings august factor orders. expected to drop by 6%. at 2:00 the minutes from last month's fed meeting will be released. james bullard is in memphis, tennessee speaking about the economy and monetary policy. that's at 7:45
Search Results 0 to 5 of about 6 (some duplicates have been removed)